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Who are the parties to a trust?

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Who are the parties to a trust?

In short, a trust is created when one party with property, the settlor, transfers that property to another party, the trustee, for the benefit of a third party, the beneficiary or beneficiaries. In principle this means there are at least three essential parties to a trust: the settlor, the trustee and the beneficiary/ies. It is important to note, however, that the settlor is not officially a party to the trust, because he no longer has a legal interest in the trust property. Nonetheless, no trust could exist without a settlor, as the settlor is the party who transfers assets to the trust to begin with.

Trusts also allow for a protector, which is a party who oversees the trustee´s administration of trust assets, and whose permission is required before the trustee can take certain actions.

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How to Register?

From company order, name check and reservation, documentary requirements guidelines, feedback and timing. Step by step guide how a new offshore company registration normally happens in Seychelles.

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Fidelity Corporate Services (Seychelles) Ltd is a specialist offshore company formation agent.
We are located in Seychelles and specialize in Seychelles offshore companies.

Services

  • Seychelles IBC
  • Seychelles International Trust
  • Seychelles Limited Partnerships
  • Bank Accounts
  • Offshore Company Management
  • Ready-made Companies
  • Other Jurisdictions
  • Virtual Office
  • Seychelles IBC
  • Seychelles International Trust
  • Seychelles Limited Partnerships
  • Bank Accounts
  • Offshore Company Management
  • Ready-made Companies
  • Other Jurisdictions
  • Virtual Office

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Fidelity Corporate Services Ltd
Suite 9, Ansuya Estate
Royal Street, Victoria
Republic of Seychelles

Phone :
  • + 248 4610770

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  • + 248 4610771
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